Oil firms need to bring in foreign players to unlock resources: Dharmendra Pradhan – Times of India

NEW DELHI: Oil minister Dharmendra Pradhan asked exploration companies to consider farming out their acreages to global players with advanced technology to expedite development and raise oil and gas output. India, the world’s third biggest oil importer and consumer, depends on foreign purchases for over 80% of its oil needs. The nation’s oil and gas … Read more